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tokenizationproblems
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Tokenization Hype Is for Fools, Says 21Shares Co-Founder
We know who you are, HODLr, always screaming "Tokenize everything!" - but have you even checked your mom's 401k plan?
Tokenization has its perks, like making settlement and asset movement all fancy digital-like, but according to co-founder of 21Shares, most of Wall Street's financial infrastructure is still stuck in the dark ages of manual accounting #TokenizationProblems #HypeVsReality.
The punchline: most institutional-scale adoption is still just a pipe dream. Guess your grandma still has no clue what a token is.
So, crypto noobs, where do you think tokenization will hit the institutional wall first? In the US, China, or the Cayman Islands? Or maybe your local McDonald's will issue its own token? Let us know, and win some clout.
We know who you are, HODLr, always screaming "Tokenize everything!" - but have you even checked your mom's 401k plan?
Tokenization has its perks, like making settlement and asset movement all fancy digital-like, but according to co-founder of 21Shares, most of Wall Street's financial infrastructure is still stuck in the dark ages of manual accounting #TokenizationProblems #HypeVsReality.
The punchline: most institutional-scale adoption is still just a pipe dream. Guess your grandma still has no clue what a token is.
So, crypto noobs, where do you think tokenization will hit the institutional wall first? In the US, China, or the Cayman Islands? Or maybe your local McDonald's will issue its own token? Let us know, and win some clout.
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